Ford Mustang Mach-E running costs & insurance

Charging and company-car tax costs for the Mustang Mach-E are rock-bottom, but insurance could be bit pricey and warranty coverage is only average

Overall rating

4.5 out of 5

Running costs & insurance rating

3.5 out of 5

Price
£50,830 - £74,540
Fuel Type:
Electric
Insurance groupWarrantyService intervalAnnual company-car tax cost (20%/40%)
33-403yrs/60,000 miles1yr/10,000 milesFrom £203 / £406

Like all electric cars, the Mustang Mach-E will be significantly cheaper to run than petrol or diesel-engined equivalents, but it's certainly not the very cheapest electric car to run. For one, its high list price means finance repayments (as a private buyer) or company-car tax (as a business user) will be higher than for some alternatives.

Based on an energy tariff of 28p per kWh, fully recharging the Standard Range Mach-E will cost in the region of £20 from a home wallbox – and that should get you about 240 miles of driving in real-world conditions. In terms of depreciation, the car is predicted to hold on to around 50% of its value after three years and 36,000 miles. That means the rear-drive Standard Range model will be worth around £24,000 after that period.

Ford Mustang Mach-E insurance group

The Mustang Mach-E is rated in insurance groups from 33 for the entry-level car to 47 for the range-topper. That compares to groups 19-21 for Ford's plug-in hybrid family SUV, the Kuga, so coverage will inevitably be a bit more expensive, all else being equal. It'll be cheaper to cover than a Tesla Model 3, though, which is rated in groups 48 to 50 – pretty much the highest there is.

Warranty

Ford has long sold its cars in the UK with a three-year/60,000-mile manufacturer warranty and that policy hasn't changed with the move to electric. That duration is equivalent to many typical finance deals and company-car terms, though, so many owners won't mind.

Those hoping to keep their car longer will note that the Hyundai Kona Electric (five years/unlimited miles) and Kia Niro EV (seven years/100,000 miles) both offer more comprehensive coverage. You can buy an extended warranty once the initial cover runs out, however, and the Mach-E's battery is covered by a separate eight-year/100,000-mile guarantee, which protects you against a serious reduction in its capacity to hold charge.

Servicing

A 'Ford Protect Service Plan' is available for up to three years, letting you choose between monthly payments (available online only) or an upfront lump sum. Either way, Ford says, it's cheaper than paying for the required services individually.

Road tax

Like all fully zero-emissions cars, the Mustang Mach-E is exempt from UK road tax (also known as Vehicle Excise Duty, or VED) for now – although that could always change in the future, as the proportion of electric cars on the road continues to increase.

Most Popular

Volkswagen ID.3 facelift due in spring 2023
Volkswagen ID.3 facelift sketch
News

Volkswagen ID.3 facelift due in spring 2023

New sketches provide a glimpse at refreshed styling and cabin of Volkswagen’s electric family hatchback
2 Dec 2022
Jeep Avenger review
Jeep Avenger first drive
In-depth reviews

Jeep Avenger review

The Jeep Avenger is the 4x4 brand’s first step into the electric age, and one of 2023’s most anticipated EVs
28 Nov 2022
Tesla Semi truck showcases 500-mile range as first examples delivered
Tesla Semi
News

Tesla Semi truck showcases 500-mile range as first examples delivered

The Tesla Semi made its world debut in November 2017, and will become part of Tesla’s own fleet
2 Dec 2022